Commodity Superfast: Indias Jan Gold Imports Plunge 76% To 32-Month Low

Gold imports declined 76% to 11 tonnes (YoY) in January, hitting a 32-month low. In January last year, 45 tonnes of gold was imported. In 2022, the demand for gold was at a 11-year high. Physical demand decreased at record prices. How will be the demand for gold in 2023? Know from Nitin Khandelwal, MD of Khandelwal Jewellers.